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. >> we don't pay you a lot for cnbc contributor, do we -- did we order you to be here? >> i'm contracturally obligated to not specify anything. >> not specify anything? here at 5:30 and all the way to 9:00. >> i knew that there would be trouble this morning. i got myself seated -- >> good. we'll squeeze you for everything you're worth. we needed a big name. >> big name. we got one. >> it day after -- for december 26. >> you're too kind. >> then here you are. >> here he is. >> what did you get? anything good? >> i have -- >> switch, lump of coal? >> he's a hanukkah guy. >> a lump of coal -- yes, but a lump of coal at some point probably worth something. tet rate we're going. >> that's right. you're -- no tree? >> i want a tree, my wife says they're too messy. >> the trees are messy. >> the needs needles -- >> you have the festivus pole. >> grievances -- >> you better go, sorry. >>> let's do the main headlines this morning. of course, there's only one main story this morning. it's a familiar one. the looming fiscal cliff. aides for both parties now saying a partial agreement o
him to invoke federal law in order to invoke a cooling off period. i don't know what the likelihood of that is. i don't know what the president might do. do you think he would -- >> wow. that's a lot of red. >> you step out. you like to step out. you like to make statements, right? >> it's the holidays. >> i'm aware of that. >> you're wearing a red tie today. >> a shirt and a tie. that's usually what i go with, some type of shirt, some type of tie. no bells and whistles. this is your thing. whether you have bracelets -- one of those things is measuring your heart right right now. how is it? >> it's measuring my -- >> your calorie intake? >> my pressure goes up when i'm with you. well, no, this is the jaw bone. >> is it a measure of calories? >> calories, walking, sleeping, rem sleep, how much i shept last night. >> and calories. >> calories. >> if you wore it on your left wrist, would there be less calories, do you know? >> i will test that for you. >> test it out. gasoline prices. you know what i want to ask you? do you employ lobbyists at all? >> no. >> not at all? >> no. >> but w
packed manger square in bethlehem. >>> authorities in western new york still don't know why an ex-con set fire to his house and then shot firefighters as they arrived two died in the ambush and two others were wounded. jim axelrod reports. >> reporter: as the four firemen arrived to fight the fire, they were met with gunshots. >> we are being shot at. multiple firemen shot. i am shot. >> reporter: two of the men died instantly. two were wounded. >> be advised i'm snuck the lower leg, the knee area and the lower left back. >> reporter: the gunshots prevented the first responders from putting out the fire. seven homes were consumed by the flames. >> it is still an active investigation, but at first blush it appears that it was a trap. >> reporter: the webster police chief said that william spengler likely set the fire intentionally and waited to ambush the first responders. spengler spent 17 years in prison for beating his grandmother to death with a hammer in 1980. when police surrounded his position monday, he shot himself. the flag at the webster fire departmen
in the interview this morning. he has a very ambitious second-term agenda. i don't know how he gets it done when they can't get the basic things done over the budget. these philosophical differences over taxes and spending remain. they are more entrenched. this is what i think changed. i think a second-term president obama will work harder to jam up the republicans, not to confuse them or lure into compromise but to put more political pressure on them to expose their divisions and internal discord. whether that creates leverage, we'll see. his relationship with congress has been very difficult. his view is that he doesn't have a legitimate partner. how do you get something done on immigration? on medicare reform, and gun control legislation, which the president says is a priority which requires a great deal of political help? it seems to be shorter than four years, in what the president can do in a time period before mid-term elections. >> a lot of things on the agenda. thanks, again. you can see david's entire interview with president obama this morning on "meet the press." >>> good morning, je
don't want them going over the cliff so to speak, you want to protect them. well, that was, i argued back in the 1960's, remember when people were sit inning in the universities, a nonnegotiatable demand. a thing called nonnegotiatable demand and that was society and people became more self-righteous and self-directed rather than understanding we had to operate within certain rules. i do think it has infected washington. i mean, i would call president obama one of the most self-righteous presidents we've ever had. david: president reagan, for example, stood for concrete things and didn't bend on the principles, because they had the guardrails that allowed them, it made it easier to negotiate with people they disagreed with. for example, tip o'neill, the democrat made a deal for the huge change in our tax structure. there seems no possibility of a deal like that being made now. >> well, the republicans clearly feel that they've been disadvantaged by president obama and they actually, i don't think, trust him or the democrats anymore because of the experience they went through with the
that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that needs to be changed so that all of these companies are fracking in the most responsible way possible. >> let me put a fine point on this. bob dean from the nrcd action fund is willing to go along with helping the chinese develop their natural gas reserves so that they don't become too dependent on coal. i think that's news. >> what we're trying to do is to encourage the chinese to promote all kinds of clean technology. we've had an office in beijing since 1995 and 30, 35 people there, we have good contacts in the government. good contacts in the business community and we're making a difference there, but what it's about, is helping the chinese to improve their efficiency. david, their industrial efficiency is improved by two-thirds since 1980, but they're still 15 to 20% behind where they need to be. they are he going to get there in the next-- >> let's be realistic, you're comparing
. >> i just have to repeat, congress, you are terrible at your jobs. i really don't like working with you. we're going to talk a bit later in the show about everybody hates congress and what we can do about that. but as much as the public hates congress, you really get the feeling that congress' approval rating among president obama is in the neighborhood of negative 75,000 percent. and yes, numbers geeks, not a real number. but he seems really tired of working with these people. but there is a way in which congress, and particularly congressional republicans may actually be helping president obama out right now. everybody's always known two things about the cliff. you're almost certainly going to get more taxes in a deal after you go over than in a deal before you go over it. that's because after you go over the cliff, taxes already go up for everybody. so anything you do, any reasonable deal congress reaches, it will be a big tax cut. but the other thing about the fiscal cliff is you don't want to be blamed for going over it. it is going to be bad for the economy. it's bad for the count
? this man did that. i usually don't like to put on swedish public health professionals or danish public health professionals they put you to sleep but this gentleman has caught the world's attention because he gave a tech talk, technology entertainment design, many are boring but his talk has been viewed 100,000 times. here is part of it. >> i was only four years old when i saw my motherlode the washing machine for the very first time in her life. even grandma was invited to see the machine. throughout her life, she had been heating water with fire hood and hand wash laundry for her seven children and sat down in front of the machine and she watched the entire washing program. to my grandmother, the washing machine was a miracle. >> but there are seven billion people on work and most have no access to such miracles. >> two billion have access and the remaining five billion, how do they wash? they wash like this: by hand. it is a time consuming labor which they have to do for hours every week. they want the washing machine. they don't want to spend such a large part of their life doing t
. >> the american people, i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. >> the president shows, instead, to spend his time on the campaign trail. >> reporter: what's at stake is real money for every american worker and family. >> the average family earning $50,000 to $75,000 a year will see their taxes rise $2400 in 2013. >> reporter: income tax rates go up at every level. taxes on capital gains and dividends will jump. the 2% payroll tax holiday ends. the alternative minimum tax will hit more families. long-term unemployment benefits expire. >> sad it got to this point, and it's scary, if anything. hopefully they're able to get to something this week. >> reporter: analysts say congress may miss its own deadline, and that could tee up a january fix, but damage may be unavoidable. >> when push comes to shove, they will find a way to bridge their differences. and it may not be pretty, but it will get done. it may get done in such a chaotic fashion that the economy will pay a price.
york. we don't have to get on an airplane. >> sold out at the blue note. two shows a night. 21 nights in a row. come down. shows are 8:00 and 10:30. there are usually a couple seats left because people can't make it to new york at the last minute but call the club or whatever. very, very famous legendary jazz club the blue note. >> usually room at the bar. >> there's always room at the bar. >> we'll see you in an hour for the closing bell. thanks so much. >> thanks, bob. speaking of the market shortened session one more hour. let's head over to maria at post 9. >> thanks, carl. hi everybody. welcome to the closing bell. i'm maria bartiroma at the new york stock exchange. no, your watch is not wrong. the closing bell ringing three hours early today at 1:00 eastern for christmas eve. hi, bill. >> hey, maria. i'm bill griffith here at cnbc world headquarters. a down day not terrible, light volume as you might imagine on this half day. the dow down about 40 points right now. 46-point decline at 13,144. all the other major averages lower as well. the nasdaq at this hour down about ten poin
members. it was put in place three years ago. i don't know about you, listening to the folks that pushed us to the brink of the fiscal cliff. a little hard to take him at his neck? that's my "two cents more". that's it for tonight "willis report." thank you for joining us. don't forget to tape the show. if you can't testify. have a great night right now. >> biological tack is possible. >> swine flu panic grips the nation. >> climate change is killing people. >> the media says life is horrible. >> poverty has reached new depths. >> but the mea missed the big picture. >> i was only four when i saw my motherlode a washing machine for the first time. >> this is a wonderful word a getting better. his grandmother was thrilled by a washing machine. >> she sat down and watched the entire washing program. >> two, one, fire! >> the machines coming next or better thanks to competition. and they build school cars and spe ships. >> entrepreneurs do what only governments did before. >> maybe cities will be built on water flow from big government. >> this is outside the united states jurisdiction. >> l
guest of all . new survey said one family most people don't want at the christmas table. let us know your thoughts. "fox and friends" begins right now. >> this is scotty knox, you are watching "fox and friends", happy holidays, what? i am the only one? >> that's how we talk around here. >> gretchen: it is christmas eve. we have clayton morris . rich -- rick with us. >> it is the first time. i only have done it one other time. >> it will be great and we have great for you . we'll talk about what is coming up on the fiscal cliff. have you got your holiday shopping done yet? are you done? >> gretchen: i am waiting for three things to come in the mail that they might not arrive. >> i an alert said winter weather causing shipping delays. >> if you are worried about your packages in christmas eve, you delayed yourself. >> gretchen: blame the weather guy. l>> i ordered it on friday. >> gretchen: merry christmas . still no deal in sight just more of the same way blame game . e week before the taxes are going to sky rocket. steve is live in washington. >> good morning, gretchen and everybody.
be very dangerous for anyone. we don't know where that blood clot is, that could be a very significant issue. in fact, her travel was on hold until the middle of the month. benghazi hearings, she will be many coing back this week. looking forward to work and ready to testify up on capitol hill. so all of that will be on hold obviously until they figure out what's going on. >> keep us posted for certain. we expect the best. back in 1998 she call it a blood clot and called it one of the scariest mediciedical experienc her life. >> if you had one before, you are at higher risk, and if you travel a lot, the blood flow may be compressed, benning your legs like that, and with the concussion, one of the things she was told was to rest. not easy for her to do, i can tell you for a fact. that may be part of the inactivity. >> and we don't know what the cause is. back in 1998, it was deep vain thrombosis. >> dvt, a clot in one of the leg veins, in and of itself, not a problem, but it can break off and go to the lungs, called a pulmonary embolism, she is on blood thinners, and you treat the brain
. maybe you don't need to do so much. it is based on mileage. >> wayne makes a good point about the pvacy issue. transponder tracking my mile it is big brotherish. >> it is and john makes a good argument against it it is a important policy work. it is probably a bad idea. we don't need new tax. the mileage tax could hurt fuel efficnt car it is the and questions of heavy congestionimes and it is unwoable idea and why the obama administration distanced it. >> we have a trust fund in 2013 and that is to go to the roads. it will be negative and needs a fuel tax to fund it aga. >> it is not too long. it will go native in 2015. thgas tax isaised continuously since it was enacted in the 1950s. they are paying 64 cents a gallon in taxings. why is that the only proposal. it why not freedom. there is it public as in every country but here at home la guardia. terrible airport owned by the governme. new mexico and new zealand. airports are tradod the stock exchange and hps the government and services as well >> carroll. i tell you, i use the roads in the country and i go skidding on two to school and
, and i didn't, i was in a constituent. i'm not a south carolinians. i don't have anything really to say to him, really. and i also to be honest was a little self-conscious. it was a busy airport. i was kind of self-conscious about standing in line waiting to greet a man who is best known for his old segregationist harangue. so i thought it was good enough to say i had seen him. and keep on walking. i get down, i'm conflicted do. i'm conflicted, and i walked down the concord about 100 yards and i look back and hear everybody is shaking his head, and here's this 89 year-old man at the time, he's got it his briefcase in one hand and a travel bag in the other, and a package under one arm and he's just shuffling down this busy crowded airport. and without thinking i go back and introduce my and introduce most of an asset senator thurmond, my name is joseph crespino, i would be happy to get you to your next life. and he said are you sure you got enough time, i don't want to delay you. i said i got plenty of time. so i picked up his bag. we walked together for about 10 minutes. and i was just
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but couldn't once in a while someone put it in perspective? this man did that. i usually don't like to put on swedish public health professionals or danish public health professionals they put you to sleep but this gentleman has caught the world's attention because he gave a tech talk, technology entertainment design, many are boring but his talk has been viewed 100,000 times. here is part of it. >> i was only four years old when i saw my motherlode the washing machine r the very first time in her life. even grandma was invited to see the machine. throughout her life, she had been heating water with fire hood and hand wash laundry for her seven children and sat down in front of the machine and she watched the entire washing program. to my grandmother, the washing machine was a miracle. >> but there are seven billion people on work and most have no access to such miracles. >> two billion have access and the remaining five billion, how do they wash? they wash like this: by hand. it is a time consuming labor which they have to do for hours every week. they want the washing machine. they don't
unleashed from the sky. and the same storm system dumping snow and creating havoc for drivers. >> i don't care to go back through it. >> harris: flying isn't much of an option with hundreds of flights now cancelled. we will show you where the storm is headed next. this is a fox news weather center. i'm harris faulkner in tonight for shepard smith. we are tracking what has already been a dangerous and deadly winter storm. one that has triggered dozens of tornadoes and created a travel nightmare for people looking to get home after christmas. the storm blamed for killing at least six people so far. and right now we're starting to see some storm activity in manhattan, new york. we understand this is just the beginning for the east coast tonight. we have seen what it's done in communities in the nation's mid section. in arkansas. it knocked out electrical power to some 200,000 homes and businesses. one utility company reporting there people may have to go without power for a week. and in illinois and indiana roads covered with snow and ice making it too dangerous to drive. four snowplows sl
>> you don't know us investigating reporting. the point we've seen over the years is not just economics. it's was caused administering because it's troublesome. ..'s watch live sunday january 6th at noon eastern on booktv on c-span2. >> coming up booktv presents "after words," an hourlong program where we interview authors. acclaimed inventor ray kurzweil and his latest book, how to create a mind:an exploration of reverse engineering of the brain. the national medal of technology recipient attempts to determine how the brain works and apply the knowledge to the creation of intelligent michelin's. to discuss his research with the editor of scientific american mind, . to discuss his research with the editor of scientific american mind,achines . to discuss his research with the editor of scientific american mind,. to discuss his research with the editor of scientific american mind, ingrid wickelgren. >> this is a fascinating book and it is great to be with you. my first question is to try to talk about the main thesis of the book. are you saying that we can basically reverse engi
to feel good about themselves in a diffent way. >> perhaps we don't need as many guns, available. lou: to be clear, that is your politics. >> it islen tal gun perspective. your comments now. doug wrote to say both parties, a disgraceful farce shame on us and the media to allow them to continue the scams unchallenged. gary says "more stone walling on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that zbloog. >> reporter:. >> we have updating negotiations and we have been checking in with rich. i want to check futures very quickly. futures are trading up still a good bet at 9:30. dow will open in negative territory but we won't be for sure until we see the open. we want to check with rich. they are always talking even when they say they are not. there is something going on behind the scenes? >> that is true. the phone calls are continuing throughout the night. there is a feeling on capitol hill we may not get any type of announcement this evening, most of the folks on capitol hill have gone home. harry reid has gone home for the evenin
to feel good about themselves in a different way. >> perhaps we don't need as many guns, available. lou: to be clear, that is yr politi. >> it is plen tal gun perspecti. your comments now. doug wroteo say both parties, a disgraceful farce shame on us and the media to allow them to continue the scams unchallenged. ry sas "more stone walling on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. it may take time, but we will. right now. >> biological attack is possible. >> swine flu panic grips the nation. >> climate change is killing people. >> the media says life is horrible. >> poverty has reached new depths. >> but the media missed the big picture. >> i was only four when i saw my motherlode a washing machine for the first time. >> this is a woerful word and getting better. his grandmother was thrilled by a washing machine. >> she sat down and watched the entire washing program. >> two, one, fire! >> the machines coming next or better thanks to competition. and they build school cars and space ships. >> entpreneurs do what only governments
are beginning a campaign, i don't know how large the campaign is going to be, to have inscribed on some of the sleeves that go around their coffee to make it easier to hold, going to write "come together" in a message to politicians in washington, and you know, if coffee can't unite people, what can? >> let's hope. the clock's still ticking. john harwood in washington, thank you. >>> what are the chances that a deal can be reached this week? jonathan allen is a senior correspondent at politico. welcome. you just heard john harwood say that there are some rumblings that there might be a 50/50 chance of a so-called mini deal that would do something to avoid the sequestration and avoid the worst of the tax hikes. is that what you're hearing? >> that's how bad it is. we're down to a 50/50 chance of a mini deal. for two years the president and the congress together collectively and also individually essentially abdicated their leadership on the budget. i don't know why anybody would necessarily expect that to change over the next two or three days so the best you could hope for is a little b
an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no snow. >> juliet: there's no snow here, sir. >> clayton: it might be be the pending fiscal cliff. >> juliet: that's exactly what it is. >> clayton: honestly if you read the different newspaper reports what in the world is going on with the fiscal cliff, you hear about a small deal sort of in the works between harry reid and mitch mcconnell, maybe it's not voted on until monday, maybe no deal at all. maybe sequestration is going to happen so for that let's go to washington. >> juliet: all right. tick-tock, tick-tock, time is almost up for lawmakers as we say to avert the fiscal cliff. they worked throughout the weekend in hopes of hammering out some sort of deal. >> dave: peter doocy is live in washington and we hustle you over to the capitol. and what is the latest, do you think we'll get something done? >> reporter: dave, we were told late in the evening that legislative staff was going to work through the night, but the only principal we heard fr
the cliffs for the market or to have a pared down deal that the marnlts don't like. >> they probably have some kind of deal that probably spares the majority of middle-class americans and tax cuts that prevents this sort of chaotic automatic spending cuts and things like that but think in general the markets have lost their patience with the process. i think a failure to come to a deal would be a reminder of what as seen on paper seems obvious. even that is not likely. so i think a small deal is better than no deal, but, you know, as mike said we're heading for another fight just like last summer the summer of 2011 when the debt ceiling was kind of held hostage to this process. >> which industries are really affected? who's going to be hit by this? >> the spending cuts kind of hit all at once. it's probably the defense that's probably the number one industry that gets hit but there's all kinds of unintended and unexplored areas that get affected. for instance what happens to the food prices. it's not part of the fiscal cliff package but there's a farm subsidy bill th
but republicans do not, just one more issue they don't seem to be able to agree on. rebecca and jeff? >> with us now is is the editor of the magazine. what is the immediate impact on january one for most americans? >> the first two things that are going to hit are the payroll tax increase, that will affect almost every working american and we ran some numbers and calculated that for a family with two working parents make being $82,000 a year that could tack another $1,600 on to your yearly tax bill. that's big. the other immediate impact is the end of emergency unemployment benefits so for the most vulnerable americans that have already gone over all the rest of the benefits there's nothing else in the pot. >> what about the expiration of the bush era tax cuts? >> for the same family i spoke about, if all of those go through that's $2,600 a year extra on your tax bill. >> so much of the debate has focused on the tax issue but spending is a huge portion of this and there are automatic spending cuts also in place. >> that's right, and those go through all kinds of social pr
. it will continue its digital format. >> if you haven't finished your holiday shopping, don't worry. millions of americans are expected to hit the store today. >> i have just started. >> i looked at the research footage and looked at your face quite a bit. you don't look a day over than you did 32 years ago. >> wide open with the catch. what a shot. seahawks win it, seattle is in the playoffs. >> and all that matters. >> norad will be tracking santa claus as he makes his way around the world delivering gifts to girls and boys tonight. >> on "cbs this morning." >> from kabul, afghanistan, happy holidays! "cbs this "cbs this morning." >>> welcome to "cbs this morning." i'm jeff glor with rebecca jarvis charlie rose. gayle king and norah o'donnell are off. >>> on the ground and in the air on this busy day before christmas, there's trouble. >> and the problem is a storm system that hit the west coast over the weekend. now it's moving east threatening to cause problems all week long. anna warner is at dallas/ft. worth airport. anna, good morning. >> reporter: we're seeing a stea
steep price. >> i don't believe that fracking will ever be safe. >> reporter: later on sunday morning, the promise and the perils of fracking. >> osgood: jamie foxx has to be one of the most talented people in american show business. you name it. he does it. byron pitts will get him to show you. >> jamie foxx has made it all the way from the little town of texas to the pinnacle of hollywood. ♪ she knows how to... >> my book will be called "i still pinch myself." >> reporter: he's funny. he can sing. he's an oscar winner. you'll see him later. ♪ ahead on sunday morning >> osgood: as the year 2012 comes to a close this morning, we continue our holiday tradition here at sunday morning. we take time out to remember some of the remarkable people who have left us in the year just pending. >> 1, 2, 3, 4, 5, 1, 2, 3, 4, 5,. ♪ take a load off... >> osgood: they made our hearts sing. they made our spirits soar. >> that's one small step for man. >> osgood: some saved lives, some gave their lives. and all touched our lives in ways great and small. we remember those who left us in 2012. on t
" will continue its digital format. >> if you haven't finished up your holiday shopping, don't worry. millions of americans are hitting the stores today. >> i have nothing done. i just started. >> all that -- >> i looked at the recent footage and your face and you don't look a day older than 32 years ago. >> wide open and an attack. that's three events. >> seahawks win it. seattle is in with the playoffs. >> and all that matters. >> norad will be tracking santa class as he makes his way around the worlding. >> on centimet"cbs this "cbs t >>> welcome to "cbs this morning." i'm jeff floor. there is travel trouble across the nation and on the ground in the air on this busy day before christmas. >> and the problem is a storm system that hit the west coast over the weekend. now it's moving east, threatening to cause problems all week long and anna werner is at dallas-ft. worth international parent. good morning. >> reporter: good morning, rebecca and jeff. we receive a steady stream of travelers coming in here at the dallas-ft. worth international airport but some across the country could have som
to want to try and give that deal a chance. that may be what's happening right now. of course, we don't know. i think right now, no news might be good news. we snow senator mcconnell's been in his office for more than hour now working with his staff. senator reid is not here yet. it does seem like the republicans are perhaps either working with other republicans or working out the details of this possible deal. i think we're in the real working hours right now, and perhaps the less said by these major players at least for the moment, the better. >> the yes, well, let's hope that's the case. jessica, both sides still seem to be aways from what they want and everyone seems to be saying no one is going to get 100% of what they want, right? >> it's a compromise. everybody knows that at this point. i know the staffs of the two leaders are in touch and contacting each other trying to get closer. i can tell you what democrats want is, as you know and the president has made clear, a tax increase for people who make households that make $250,000 and more. an extension of unemployment benefits
p panache? >> my hair looked different on every single -- i don't know. >> do you have a different style and mood every morning? >> i don't know. it shows that it's real. that's what i'm going to stick with. all right. >> we want to thank john harwood for joining us for the hour. we also want to thank tony and jared for being with us through this whole hour. >> and sitting through that. >> happy new year to everybody. and we should point out, look, fiscal cliff, market says, what, me worry at this point? >> i wonder what really did happen. did you get anything -- >> i think it was tony and i. >> not since we last talked. >> you guys get along well. as long as you're a steeler fan, you get along. it was great. thanks, guys. we've got to go. >> can you see this? we're giving out the fiscal cliff bars today. >> bye, everybody. happy new year, joe. right now, time for "squawk on the street." ♪ >> one final trading session for 2012. and it comes, of course, with the add eed drama of a fiscal cliff set to take place 15 hours from now. i'm carl, with melissa lee. cramer and faber are of
this holiday, if sales don't meet expectations? well, is that good for online merchants? william blair said amazon has increased discounting this year. quote, amazon's consumer proposition appears incrementally stronger versus walmart and target. amazon's prices are 2% lower than walmart brick and mortar prices when you factor in amazon shipping costs and 5% lower than walmart.com. amazon prices are 9% lower than target and 10% than target.com. they think target may be losing its edge on pricing. however, if you're shopping on amazon today, for anything other than a gift card, melissa, i don't think you're going to get it in time for christmas. back to you. >> yeah. really? there are only two employees in that macy's? macy's across the country have been continually open for the past day into christmas eve. >> earlier i did see two shoppers. no, that guy's stocking merchandise. no, that's not a customer. we can't go in from this side. >> he doesn't leave the store? >> this woman's dusting back here. i mean, i don't know, they're all working. they're all getting paid. they all get to be here
. the president this morning in his radio address, told lawmakers don't let washington politics get in the way of american progress. so, today, the last-ditch attempt to put together a deal is under way. and the ball is in the senate's court. there's nothing like a deadline to force action. the president met with congressional leaders friday for the first time in six weeks. then, proclaimed himself modestly optimistic. but warned -- >> the american people are watching what we do here. obviously, their patience is already thin. >> reporter: with the clock running out, here's the game plan. the democratic and republican leaders in the senate will spend today trying to hash out a bipartisan agreement. >> i'm hopeful and optimistic. >> reporter: but if there is no deal, the president wants an up-or-down vote on measures he thinks can pass. extending tax cuts for those making $250,000 or less. and continuing unemployment benefits for the millions who will lose them when the new year strikes. >> that's the bare minimum that we should be able to get done. >> reporter: it's clear whatever happens, the
be more even-handed here dealing with the unions? >> well, i really don't know. you never know what this president is going to say and what policies are going to come out, but the longshoremen is an influential union. to see him go on the other side of it would be surprising, probably take a step back and not intervene too much. so, you know, it's a look and see and a wait and see, quite frankly. but if this does happen, the ripple effect is going to be tremendous because you're going to see prices go up there as well. and that's going to be passed onto the consumer. so, either way, we're talking about more money out of the pocket of individuals, regardless, you know, how this thing, you know, comes to to be. >> and this could also have serious effects on commodities markets, particularly oil. one of the ports affected houston. a lot of oil goes in on ought of that port. >> yeah, i mean, david when we hear the news reports and instead of looking at them and going on to the next story, understand that these stories are a direct, you know, impact on your wallet. so, if these -- if the
by people that obviously in my humble opinion don't have a clue what they're doing. >> american airlines said operating safely was their focus but after five hours on the tarmac, i probably would have gotten up and started cheering when that pilot said that. good for him. >> i think it makes all the difference in the world when the crew and the pilot feel like they're on your side and stuck in the same thing. >> there's no excuse for five hours on the tarmac. i get the weather, i get it. >> it's ridiculous. great to see you, as always. >>> coming up ahead on "starting point" the senate is back to work in washington today to figure out an 11th-hour deal on the fiscal cliff, but what about the house, which punted on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in
of you for coming here this afternoon and thank the boston book festival for having us. don't they do a nice job? isn't this a terrific eventsome. >> yes. [applause] >> let's also thank the plymouth rock foundation for sponsoring this particular session and say that without their generosity, it would be hard to put on events like this that add to the cultural life that we all enjoy in this great city. so so thanks to them. [applause] and in a way that's what we're here to talk about this afternoon, the triumph of this city and all the cities, the triumph of the city, that's the title of harvard economics professor ed glaeser's book. it's about what's made cities around the world great, about the challenges that they have had to overcome and still face. we're going to talk about b that in a few minutes in the special context of this city with our panel, and we'll take questions from you as well later. but, first, to launch us off with a presentation, here's the author, professor ed glaeser. [applause] >> thank you. thank you, bob. and thank you all so much for being here. i'm so enormo
to shield the american people from the true cost of government, we really don't have any constituency here to help reduce spending because we have not dealt with that issue, there's been no progress on the entitlement spending this is unfortunately going to carry on to the debt ceiling debate and what that means is every american is going to be harmed because the economy is not going to be what it should be. so because we have lacked the courage to face up to deal with these issues we here in washington are going to hurt the american economy we're going to hurt americans at every level, and to me it's just a travesty that we've not been willing to deal with this issue when for the last two years, jeff we have known this time is coming. no congress has been more prepared to deal with this issue than us. >> senator, do you think progress is going to come from this meeting this afternoon? let me ask you about that. >> well here probably the worst case scenario will come out of this meeting today and that is we will kick the can down the road, jeff we'll do some small d
a little bit. >> those people looking at the train, how do you not just take a little piece off? >> we don't need a conductor. there he goes. keep it right here, because coming up, protecting those most expensive christmas gifts you've received from all the costly damage they could be getting as you're ripping them apart. >>> and high tech advances for people coping with spinal cord injuries. remarkable bionic suits are making a difference. you're watching "world news now." you're watching "world news now." ♪ [ female announcer ] he could be the one. soulmate. husband. loving father to your children. but first you've got to get him to say, "hello." new crest 3d white arctic fresh toothpaste. use it with these 3d white products, and whiten your teeth in just 2 days. what will a 3d white smile do for you? new crest 3d white toothpaste. life opens up when you do. >>> she be t >>> she may be the bionic woman. what may be a huge medical advance, a sort of wearable robot that helps spinal cord injury patients. >> this suit was first designed to help soldiers lift heavy loads on the battlefield
more true of consumers, citizens, is a little vague and perhaps over inclusive but today i don't have to worry about that because today we are talking about a public of readers and those are old readers and young readers and sophisticated readers and casual readers, incisive readers, wine readers, all readers together. to begin, what do all these readers like about printed books? as i was trying to think of themes here, i went to elizabeth eisenstein's book divine art, internal machine, the response to print in the west, a sense of demanding, now out in paperback. she suggests two answers to the question what do readers like about the book, drawing of course from the history of the early reception of print. one answer is readers from the very beginning, from the fifteenth century forward have responded very positively to the fixity of the book, the apparent stability that printed pages bound between stiff material gives to texts. she writes printing came to be known as the divine art partly because it was regarded as the art which preserved all other arts. but somewhat paradoxically a
, he tells everyone about it. in almost every other program, they don't want to leave that information. if you bring in some kids for the summer, they will invariably tell their classmates when they go back to school things they are not supposed to. we always thought that was too risky and we were never able to do part-time or summer hire. we never did get into the education thing at all. we are focused on doing a job. my point on education is that there is something revolutionary that needs to happen. if you look now in the internet age and realize the rate at which a student downloads information -- the people who are really smart are bored. i think within maybe 20-25 years, you won't see a classroom typically like we do, where you see everybody goes to a classroom. it is for that reason, it is not a good thing to teach people who are going to be innovators later on. next question. >> thank you very much for your talk. what skills, academic, etc., do you need at early ages to facilitate creativity and innovation? how can parents and schools shape these attributes for kids? >> in answ
. >> but, first, don't go looking up the chimney for a deal on the fiscal cliff. there are just eight days, that's it, until the deadline to reach a deal, and there was little progress as lawmakers left town for the holiday. before the president took off for his hawaiian vacation with his family on friday, he pressured kfshs to pass a smaller deal, to delay those automatic spending cuts and to extend tax cuts for all except for the wealthiest of americans. now, while senators on both sides of the aisle, they spoke in support of at least a smaller deal on sunday. joe lieberman seemed to have less hope. >> it's the first time that i feel that it's more likely that we will go over the cliff than not, and that if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. maybe ever in american history because of the impact it will have on almost every american. >> kristen welker is nbc's white house correspondent, also traveling with the president in honolulu. kristen, explain to all of us because it appears the lights are out in w
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